October 18, 2019 by Zelman & Associates
We have always been of the opinion that the type of housing demanded by consumers is heavily dependent on demographic circumstances and life events. In general, single-family housing skews to families and suburban living while multi-family ...
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homeownershipsingle-family rental
July 26, 2019 by Zelman & Associates
Yesterday, the Census Bureau released its quarterly Housing Vacancy Survey (HVS), which is intended to measure the occupancy and ownership status of the nation’s housing stock. Although the second quarter release indicated a sequential decline ...
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homeownershipmacro housing
May 03, 2019 by Zelman & Associates
For 1Q19, the Census Bureau’s Housing Vacancy and Homeownership Survey (HVS) estimated the national homeownership rate at 64.2%, unchanged from 1Q18. This is the first time out of the last eight quarters that homeownership did not increase ...
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demographicshomeownership
March 08, 2019 by Zelman & Associates
According to the latest Housing Vacancy Survey (HVS) from the Census Bureau, the national homeownership rate improved again in 4Q18, reaching 64.8% versus 64.4% in 3Q18. This now marks the highest level since 1Q14 and represents the eighth ...
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homeownership
November 02, 2018 by Zelman & Associates
Over the last year, multi-family starts have accounted for 29% of all starts, close to the decade-to-date share at 31%. With this being notably higher than 20% in the 1990s and from 2000-09, clients often inquire as to whether we believe this ...
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apartmentshomeownershipsingle-family rental
July 27, 2018 by Zelman & Associates
According to data just released by the Census Bureau, the national homeownership rate continued its cyclical recovery, averaging 64.3% in 2Q18. This is 60 basis points stronger than in 2Q17, marking the sixth consecutive quarter that year-over-year ...
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homeownershipmillennials
June 15, 2018 by Zelman & Associates
According to our analysis of Census Bureau data, in 2016, 35% of 25-39 year olds had earned a Bachelor’s degree or higher, continuing a multi-decade increase. For comparison, the share stood at 31% in 2010, 27% in 2000, 24% in 1990, 23% in ...
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demographicshomeownershipstudent debt
May 04, 2018 by Zelman & Associates
When tax reform became a meaningful conversation in late-2017, there was widespread concern that de-emphasizing itemized deductions for property taxes and mortgage interest would serve as a marginal headwind to the desire for homeownership ...
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demographicshomeownership
February 09, 2018 by Zelman & Associates
We have previously written extensively about the outlook for homeownership, including in a November 2016 analysis titled “Why We Believe the Homeownership Rate Has Bottomed.” Recent trends from the Housing Vacancy and ...
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demographicshomeownership
January 12, 2018 by Zelman & Associates
There are several pieces of tax reform that directly or indirectly affect the housing market, but the degree to which these items matter has been a hot topic of debate since legislation was proposed and ultimately passed. The conversation has ...
Filed Under
homeownershipmacro housing
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey